Existing ethics laws weren’t written with prediction markets in mind episode artwork

EPISODE · May 26, 2026 · 12 MIN

Existing ethics laws weren’t written with prediction markets in mind

from The Federal Drive with Terry Gerton

Political prediction markets allow traders to profit from future events tied to public decision‑making. But as oversight systems come under strain, POGO says that structure creates risks current ethics laws were not designed to address. Janice Luong, a policy analyst at the Project on Government Oversight, walks us through how those markets work and where guardrails fall short.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Political prediction markets allow traders to profit from future events tied to public decision‑making. But as oversight systems come under strain, POGO says that structure creates risks current ethics laws were not designed to address. Janice Luong, a policy analyst at the Project on Government Oversight, walks us through how those markets work and where guardrails fall short. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Existing ethics laws weren’t written with prediction markets in mind

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This episode was published on May 26, 2026.

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Political prediction markets allow traders to profit from future events tied to public decision‑making. But as oversight systems come under strain, POGO says that structure creates risks current ethics laws were not designed to address. Janice...

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